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N. Macedonia's Cementarnica Usje to pay 39 euro/share dividend

May 23, 2024, 3:24:26 PMArticle by Dragana Petrushevska
share
May 23 (SeeNews) - North Macedonia-based building materials producer Cementarnica Usje [MSE:USJE], a unit of Greek cement producer Titan, said on Thursday its shareholders have approved a plan to distribute a dividend of 2,415 denars ($42.5/39.2 euro) per share for 2023.

N. Macedonia's Cementarnica Usje to pay 39 euro/share dividend
Photo: Cementarnica Usje / All rights reserved.

The company will distribute a total of 1.4 billion denars as dividend for last year, it said in a bourse filing.

The company paid a dividend of 1,273 denars per share for 2022.

Cementarnica Usje's net profit went up by an annual 47% to 1.5 billion denars in 2023.

The company's shares last traded on the Macedonian Stock Exchange on May 20, at an average price of 36,350 denars, bourse data showed.

(1 euro = 61.62 denars)

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